Simon Thompson 

Riding earnings momentum

Simon Thompson

Simon Thompson
Riding earnings momentum

It’s always good when a company on my watchlist beats market estimates, and even more so after I have just initiated coverage. That’s the case with Ramsdens Holdings (RFX:169p), a diversified and fast-growing financial services company that joined London’s junior market earlier this year. I was pretty impressed by the investment case when I covered the maiden results, so I suggested buying the shares at 132p, placing a target price of 180p ('A jewel in the north', 12 June 2017).

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